The decision by the Monetary Policy Committee of the SA Reserve Bank to keep the repo rate unchanged at the current level of 6,50% was largely expected by the market according to Seeff.
The decision to leave the repo rate unchanged was expected in light of a less certain local and global environment.
The new mixed-used development adjacent to the iconic Loftus Versfeld stadium will have offices, a hotel and various restaurants, and will increased demand for property in the area.
In tough economic conditions last year, most suburbs in the traditionally strong Sandton market showed a decline in sales and house price growth. A few suburbs did however buck that trend.
Homeowners who are thinking of selling and “trading up” to a bigger or a better home had better be quick now if they want to get the best deal.
Private Property data reveals that there is strong demand from buyers across the city. Here are the most in-demand suburbs and the property prices in them.
The live, play and visit environment that Centurion Residential Estate & Country Club offers continues to attract buyers looking for a very specific lifestyle and ambience.
Investors from the rest of Africa are investing in property in South Africa for a variety of reasons.
Affordability, convenience and security are the key factors driving a distinct buyer preference at the moment for smaller homes packed with “green” features and “smart” technologies.
